Singapore’s CDL is back in the news again today after it appears to have achieved its mission of buying out a London-listed hotel chain already controlled by the property firm. Also grabbing some air time is mainland media darling and… Read More>>
Frasers Centrepoint Bids S$955M for Former Zouk Site and More Asia Real Estate Headlines
Singapore’s development fever leads the regional news again today as the city’s best-known Thai-owned developer leads the bidding for a condo site which remains vaguely familiar from Mingtiandi’s misspent youth. Also in the headlines, Southeast Asia’s fine city is all… Read More>>
Chinese Investors Bounce Back in Australia and More Asia Real Estate Headlines
Leading today’s news, Chinese capital is reportedly on the rebound in Sydney. Also, in the headlines, Hong Kong’s Great Eagle seems to be creating America’s first politically aligned hospitality brand, and Shenzhen condo projects are going rental as China looks… Read More>>
TH Real Estate, Future Fund Sell NYC Tower to Japan’s Unizo and More Asia Real Estate Headlines
Japan pops to the top of today’s real estate headlines as TH Real Estate and Australia’s Future Fund jointly sell off a Manhattan tower to a Japanese buyer. Also in the news, a Chinese government program to subsidize housing is… Read More>>
Evergrande’s $6.6B Bond Sale Drags Down Debt Market and More Asia Real Estate Headlines
Debt is the deal at the top of today’s headlines as a bond issue that stacked an additional $3.8 billion burden onto developer China Evergrande’s already weary balance sheet has shaken up international bond markets. Also in the news, Singapore’s… Read More>>
CSCEC US Unit Enters NYC Market with $140M Condo Investment
A US-based subsidiary of China’s largest construction firm has entered the New York City real estate market by taking a $140 million stake in a Manhattan condo project.
Strategic Capital, an investment affiliiate of state-owned China State Construction and Engineering… Read More>>
Malaysian Fund Sells Sydney Asset to HK Investor for A$340M and More Asia Real Estate Headlines
Leading the news after a long weekend is a record-setting Sydney purchase by an unnamed Hong Kong family office, while Goldman wins some big new business in Korea. Also in the headlines, China’s biggest construction firm may be getting a… Read More>>
HK’s Wharf Hopes to Spin Off Investment Assets and More Asia Real Estate Headlines
Some of Hong Kong’s biggest developers chose Friday to release their 2016 earnings, and those reports of success or failure lead today’s property headlines. Top builder Wheelock is cheerful enough after their results to test out the idea of a… Read More>>
Softbank to Buy Fortress Investment for $3.3 Bil and More Asia Real Estate Headlines
Asia’s impact on the rest of the world is being underlined again today as one of Japan’s most aggressive investors announces that it is buying one of America’s best known private equity firms on the same day that a leading… Read More>>
CSCEC Unit Wins $205 Mil Contest for West Singapore Site
A subsidiary of China’s biggest construction firm snatched up a development site in Singapore’s West Coast Vale on Thursday of last week for S$291.99 million ($205.22 million), according to a statement from the Singapore Urban Development Authority.
Coming in just… Read More>>